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Italian shipbuilder is expanding capacity on strong defence demand
Deal priced at 1% premium to Monday's close
Booming metal prices could bring more equity deals
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Seven IPOs expected in Middle East from September while South African issuance to be more gradual
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At-the-market transaction to take advantage of strong results despite volatile market
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Oversubscribed sale bodes well for the retail group's IPO of Boxer, seeking to raise R6bn-R8bn by end of the year
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Transaction was 67% subscribed, with anchor investors and backstopping bondholders promising to take the rest
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Controlling shareholder backed by private equity, not banks, is underwriting the deal
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Ship company will raise a total of €500m in new capital after it acquired part of defence company Leonardo